Ronin Treasury will begin repurchasing RON tokens on the open market starting September 29.

Techub News: Ronin Network announced that the Ronin Treasury will begin repurchasing RON tokens on the open market starting September 29. The Ronin Treasury currently holds over $5 million in assets, including 890 Ethereum and 650,000 USDC, which will be fully converted to RON within one month, accounting for approximately 1.3% of the current circulating supply of RON. Ronin stated that this move aims to reduce market circulation, increase treasury holdings, and form stronger bonds with ecosystem builders and token holders.